Trending...
- "Leading From Day One: The Essential Guide for New Supervisors" Draws from 25+ Years of International Management Experience - 357
- New Slotozilla Project Explores What Happens When the World Goes Silent - 287
- City of Long Beach Launches Second Cohort of Urban Planning and Design Internship Program - 249
DETROIT, Sept. 26, 2023 ~ Kevin A. Krakora, Managing Director and Automotive Practice Leader at Getzler Henrich & Associates LLC, was recently featured as a guest expert in the current issue of Automotive News.
In addressing how Tier 1 and Tier 2 suppliers are performing in today's market, Mr. Krakora said that most suppliers are "hanging in there" and the top-performing companies have operational costs under control. He added that OEMs are more selective with the suppliers they will support in difficult times, and are willing to entertain strategic price increases only if the supplier has a well-supported rationale and if they are comfortable with the production and delivery of a specific supplier.
Mr. Krakora also discussed other top-of-mind issues in the industry such as vehicle sales and changing consumer demand, commodity costs, shipping, transportation, general inflationary increases on all inputs into parts and services, rising interest rates, consumer financial uncertainty, and production overall appearing to remain stable.
More on The Californer
As head of Getzler Henrich's Automotive Practice Automotive, Kevin Krakora advises boards of directors and executive management teams regarding strategic alternatives and performance improvement plans. He has served as a Chief Restructuring Officer and Independent Director and has led numerous Section 363 sales processes in Chapter 11 cases as well as business and assets sales in out-of-court situations. In 2023 he will be among the past TMA Chairs being recognized at the 2023 TMA Annual Conference in San Francisco.
Kevin A. Krakora is an experienced automotive turnaround expert who provides valuable insight into how Tier 1 and Tier 2 suppliers are performing in today's market as well as other top-of-mind issues such as vehicle sales, commodity costs, shipping costs, inflationary increases on all inputs into parts and services, rising interest rates, consumer financial uncertainty etc. He is currently head of Getzler Henrich's Automotive Practice Automotive where he advises boards of directors and executive management teams regarding strategic alternatives and performance improvement plans. In 2023 he will be among the past TMA Chairs being recognized at the 2023 TMA Annual Conference in San Francisco for his expertise in automotive turnarounds.
In addressing how Tier 1 and Tier 2 suppliers are performing in today's market, Mr. Krakora said that most suppliers are "hanging in there" and the top-performing companies have operational costs under control. He added that OEMs are more selective with the suppliers they will support in difficult times, and are willing to entertain strategic price increases only if the supplier has a well-supported rationale and if they are comfortable with the production and delivery of a specific supplier.
Mr. Krakora also discussed other top-of-mind issues in the industry such as vehicle sales and changing consumer demand, commodity costs, shipping, transportation, general inflationary increases on all inputs into parts and services, rising interest rates, consumer financial uncertainty, and production overall appearing to remain stable.
More on The Californer
- California: Governor Newsom's expanded CHP deployment makes early impact on crime, seizing drugs and illegal guns
- California: Governor Newsom honors fallen Caltrans worker
- READY Long Beach Returns October 12
- California: Governor Newsom proclaims Preparedness Month
- Snell & Wilmer Attorneys Keith Gregory & Dana Ontiveros Recognized as 2025 Leaders of Influence
As head of Getzler Henrich's Automotive Practice Automotive, Kevin Krakora advises boards of directors and executive management teams regarding strategic alternatives and performance improvement plans. He has served as a Chief Restructuring Officer and Independent Director and has led numerous Section 363 sales processes in Chapter 11 cases as well as business and assets sales in out-of-court situations. In 2023 he will be among the past TMA Chairs being recognized at the 2023 TMA Annual Conference in San Francisco.
Kevin A. Krakora is an experienced automotive turnaround expert who provides valuable insight into how Tier 1 and Tier 2 suppliers are performing in today's market as well as other top-of-mind issues such as vehicle sales, commodity costs, shipping costs, inflationary increases on all inputs into parts and services, rising interest rates, consumer financial uncertainty etc. He is currently head of Getzler Henrich's Automotive Practice Automotive where he advises boards of directors and executive management teams regarding strategic alternatives and performance improvement plans. In 2023 he will be among the past TMA Chairs being recognized at the 2023 TMA Annual Conference in San Francisco for his expertise in automotive turnarounds.
Filed Under: Business
0 Comments
Latest on The Californer
- ICYMI: California hotline receives 1,200 reports of hate in 2024
- Open Art Call | The Art of Artificial Intelligence | Copenhagen
- Jase has compounded Ivermectin and Mebendazole together to effectively treat parasitic infections!
- California: Californication of AI? Golden State is #1 in AI, and the birthplace of modern tech, so yeah — be quiet, Ted Cruz
- Premieres of 10th Annual NY Dog Film Festival & 8th Annual NY Cat Film Festival on Sunday, October 26, 2025 to Benefit Animal Lighthouse Rescue
- Inwebify Announces Launch of Scalable and Redundant Cloud Hosting Platform
- $20 Price Target in Noble Capital Research Report as Deal is Signed for NFL Yearbook Advertising Across 25 Stadiums for AI Powered Sports Leader $SEGG
- Zenni Optical Hosts Expert Panel Following the Launch of EyeQLenz™ with Zenni ID Guard™ Featuring Technology Experts Cybersecurity Girl, Judner Aura and Amber Mac
- 3E Launches First AI Agent Designed to Respond with Empathy for College Recruitment
- Security Alert: TZNXG Warns Investors About "Fund Recovery" Scams
- Assent Unveils Extended Producer Responsibility Packaging Solution to Simplify Compliance with Expanding Packaging Laws
- KatalisCoin: "Too Secure" for Bad Actors - Platform Embraces "Excessive Compliance" Criticism
- Blacksmith Raises $10M to Unblock AI Development with Fast CI for GitHub Actions
- Keyanb Exchange Implements Enhanced Security Protocols Amid Industry-Wide Trust Challenges
- TSWHZC Platform Combines Automated Portfolio Management with Proof of Reserves for Brazil Market Entry
- AureaVault Positions Digital Asset Infrastructure for Shifting Monetary Policy Environment
- JQRBT Unveils High-Speed Trading Infrastructure Designed for Growing Institutional Crypto Market
- TOM HAUSKEN: The Space Between
- California: Governor Newsom announces appointments 9.17.25
- Marketing Maven Ranked Top 10 PR Firm in Los Angeles by O'Dwyer's in 2025 Rankings Report